EUR/NOK: Further moderate Krone appreciation in 2024 and 2025 – Commerzbank
Source Fxstreet
EUR/NOK continues to trade around the 11.30 mark. Antje Praefcke, FX Analyst at Commerzbank, analyzes Krone’s outlook.
Norges Bank unlikely to consider cutting rates
The upcoming figures on economic activity and inflation will be crucial. As long as the economy is robust and inflation remains high, Norges Bank is unlikely to consider cutting rates.
The big question for the market will be which central bank – the ECB or Norges Bank – might cut rates first and to what extent. Overall, however, Norges Bank has shown, most recently in December in impressive fashion, that it is taking decisive action against the threat of inflation, which has catapulted the krone upwards accordingly. I am therefore comfortable with my forecast of further moderate Krone appreciation in 2024 and 2025.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Once again, the price of Ethereum (ETH) has risen above $3,900. This bounce has hinted at a further price increase for the altcoin before the end of the year.
My Top 5 Stock Market Predictions for 2026Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Five 2026 market predictions written in a native, news-style voice: AI’s winners and losers, broader sector leadership, dividend demand, valuation cooling as the Shiller CAPE sits at 39 (Dec. 31, 2025), and quantum-computing bursts—while keeping all original facts and numbers unchanged.
Ethereum Price Forecast: ETH faces heavy distribution as price slips below average cost basis of investorsEthereum (ETH) extended its decline on Wednesday, dropping more than 5% over the past 24 hours toward the $2,100 level, which is below the $2,310 average cost basis or realized price of investors, according to CryptoQuant's data.
Ethereum (ETH) extended its decline on Wednesday, dropping more than 5% over the past 24 hours toward the $2,100 level, which is below the $2,310 average cost basis or realized price of investors, according to CryptoQuant's data.
The U.S. government refuses to bail out Bitcoin, and with Fed rate cuts nowhere in sight, a continued downward trend to test for a bottom is likely after a brief rebound.During the mid-da
Bitcoin plunges 11% to break $65k as analysts term the crash "structural," citing a $1 trillion market wipeout and $2.09 billion in daily liquidations.
Related Instrument
